Brokerage Firm Rating Update on Service Corporation International (SCI)

Service Corporation International (SCI) : 3 analysts are covering Service Corporation International (SCI) and their average rating on the stock is 1.67, which is read as a Buy. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Service Corporation International (SCI) : The highest level Service Corporation International (SCI) is projected to reach is $33 for the short term and the lowest estimate is at $32. The consolidated price target from 3 rating analysts who initiate coverage on the stock is $32.33 and the possibility the share price can swing is $0.58.


For the current week, the company shares have a recommendation consensus of Buy. Also, Wells Fargo initiates coverage on Service Corporation International (NYSE:SCI). The rating major has initiated the coverage with market perform rating on the shares. The rating by the firm was issued on August 2, 2016.

Service Corporation International (NYSE:SCI): stock was range-bound between the intraday low of $26.63 and the intraday high of $26.91 after having opened at $26.77 on Wednesdays session. The stock finally closed in the red at $26.77, a loss of -0.67%. The stock remained in the red for the whole trading day. The total traded volume was 713,206 shares. The stock failed to cross $26.91 in Wednesdays trading. The stocks closing price on Thursday was $26.85.

Service Corporation International is a provider of death care products and services. The Company has a network of funeral service locations and cemeteries operating in the United States and Canada. Its funeral service and cemetery operations consist of funeral service locations, cemeteries, funeral service/cemetery combination locations, crematoria and related businesses. The Companys segments include Funeral and Cemetery. The Companys brands include Dignity Memorial, Dignity Planning, National Cremation Society, Advantage, Funeraria Del Angel, Making Everlasting Memories and Neptune Society/Trident Society. The Company sells cemetery property and funeral and cemetery merchandise and services at the time of need and on a pre-need basis. The Company provides professional services relating to funerals and cremations, including the use of funeral facilities and motor vehicles and preparation and embalming services.

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